Capital raising, page-2

Here is my take:

1. MPJ has some cash in the pool thanks to the April CR and may soon get another healthy dose - tax refund as well, it is reasonably loaded up to maintain operations and sustain its exploration activities until the end of the year - MPJ is not desperate for money, not ATM.

2. MPJ is acutely aware of the fact there is not gonna be further love from its exisiting shareholders when it comes to CR, not ATM.

3. CR normally requires an announcement only, not a trading halt. Conventionally, there is no need to be "heavy handed" about this.

What is happening here, then? It is a CR that may indeed surprise on the upside!

May Nickel bless all MPJers!